Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    156 Peters Creek Way Kalispell, MT 59901

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    156 Peters Creek Way Kalispell, MT 59901

    View on Map
    • Commercial real estate
    • 2.63 lot acres
    For Sale
    $435,500
    View Listing →
    Raw Land Near Swan Mountains For Sale
    $435,500
    5.30 Acres

    Raw Land Near Swan Mountains

    5.3 acres of wooded land near Bigfork, Montana.

    150 & 156 Peters Creek Way, Kalispell, MT 59901
    View Listing
    Property ID
    US52-0257503
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 156 Peters Creek Way

    Lot size
    2.63 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 2.63-acre commercial land parcel presents a unique investment opportunity in Kalispell, Montana. Located at 156 Peters Creek Way, zip code 59901, this property offers convenient access via Foothill Road (with county permit) or Peters Creek Way, ensuring easy accessibility. The land itself is beautifully situated, providing options for development on either a ridge or in a meadow setting. The property's boundaries are clearly marked, and there are no existing zoning restrictions or covenants to hinder development plans. Situated just 15 minutes from the city of Kalispell, this location provides a balance of rural tranquility and proximity to urban amenities. The asking price for this expansive parcel is $205,000. This represents a significant opportunity for developers or investors seeking a versatile and readily accessible commercial land holding in a desirable Montana location. The property's latitude and longitude coordinates are 48.1917493 and -114.0614916 respectively. Located in Flathead County, this property offers a blank canvas for a variety of commercial ventures. The absence of zoning or covenants allows for maximum flexibility in development plans.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.0614916
    Latitude
    48.1917493

    Comparable in this City

    • $1,650,000
      5.00 Acres

      Montana Farm: 5 Acres, Two Homes

      Historic Montana farm; two homes, six outbuildings
      1380 Lower Valley Rd, Kalispell, MT 59901
      View Details
    • $300,000

      Kalispell Commercial Land - $300K

      Two-acre commercial lot, mountain views, easy access.
      197 Jefferson St, Kalispell, MT 59901
      View Details
    • $950,000
      5.00 Acres

      5-Acre Kalispell Residential Land

      Build Your Dream Home on 5 Acres
      650 Capistrano Dr, Kalispell, MT 59901
      View Details
    • $235,000
      19.94 Acres

      Kalispell Land with Mountain Views

      Nearly 20 acres with mountain views near Flathead Lake.
      Tbd Emmons Cyn Rd, Kalispell, MT 59901
      View Details
    • Contact for pricing

      Montana Legacy Property Near Glacier

      26-acre property near Glacier National Park with well and electricity.
      692 Danielson Rd, Kalispell, MT 59901
      View Details
    • Contact for pricing

      Rare 4-Acre Property

      Private 4-acre property near Whitefish and Kalispell with home.
      151 Sunday Ln, Kalispell, MT 59901
      View Details

    Similar Nearby for Sale

    • $1,650,000
      5.00 Acres

      Montana Farm: 5 Acres, Two Homes

      Historic Montana farm; two homes, six outbuildings
      1380 Lower Valley Rd, Kalispell, MT 59901
      View Details
    • $300,000

      Kalispell Commercial Land - $300K

      Two-acre commercial lot, mountain views, easy access.
      197 Jefferson St, Kalispell, MT 59901
      View Details
    • $950,000
      5.00 Acres

      5-Acre Kalispell Residential Land

      Build Your Dream Home on 5 Acres
      650 Capistrano Dr, Kalispell, MT 59901
      View Details
    • $235,000
      19.94 Acres

      Kalispell Land with Mountain Views

      Nearly 20 acres with mountain views near Flathead Lake.
      Tbd Emmons Cyn Rd, Kalispell, MT 59901
      View Details
    • Contact for pricing

      Montana Legacy Property Near Glacier

      26-acre property near Glacier National Park with well and electricity.
      692 Danielson Rd, Kalispell, MT 59901
      View Details
    • Contact for pricing

      Rare 4-Acre Property

      Private 4-acre property near Whitefish and Kalispell with home.
      151 Sunday Ln, Kalispell, MT 59901
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Kalispell Retail Hub Pad Site

      Last remaining drive-thru pad site in Kalispell's retail hub.
      2304 Us Highway 93 N, Kalispell, MT 59901
      View Details
    • $22 SF/Yr
      256,133 SF

      Kalispell Commercial Space For Rent

      Up to 53,354 SF available, easy access, ample parking.
      555 Corporate Dr, Kalispell, MT 59901
      View Details
    • $20 SF/Yr

      Downtown Kalispell Commercial Space Available

      1,590 SF open-floorplan in vibrant Central Business District.
      409 E Unit, Kalispell, MT 59901
      View Details
    • $0.06 SF/Yr
      3,786 SF

      Kalispell Office Building - Prime Location

      Freestanding Office, 3786 sq ft, 17 parking spaces
      702 Idaho St, Kalispell, MT 59901
      View Details
    • $12 SF/Yr
      34,674 SF

      Kalispell Warehouse with Highway Visibility

      Modern industrial facility in high-traffic area, ideal for various businesses.
      115 W Wyoming St, Kalispell, MT 59901
      View Details
    • $12 SF/Yr
      3,737 SF

      Kalispell Office Building For Sale

      Prime Kalispell medical/office building, single tenant.
      1292 Burns Way, Kalispell, MT 59901
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    156 Peters Creek Way
    Kalispell, MT 59901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    156 Peters Creek Way, Kalispell, MT, 59901

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!